Sad end to the week. Not sure if we were the worst performing...

Sad end to the week. Not sure if we were the worst performing lithium stock but probably one of them anyway. Hardly surprising, though, with the market generally on the slide following US stocks down, and no announcements to counterbalance it. It's nothing for long termers to be concerned about, though. Almost no-one who fits that description would have sold any. As Mick has correctly hypothesized, our fall would mostly be down to short termers who have bought on up days in the hope that an announcement would give them a quick 10-20% profit. They're the same people that have moved the SP higher on days like last Friday so we can't really be too hard on them. That's just how the market works, with short termers doing most of the buying and selling on most days. Only when we get substantial news that attracts serious investors rather than punters can we hope for a decent re-rate that can stick - or a surge in the lithium price.